Felipe Montoro Jens Reports on IDB’s Stance on Private Investments For Latin America

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June 5, 2018

Felipe Montoro Jens, an Infrastructure Projects Expert, recently reported on a special meeting held by the governors of the Inter-American Development Bank or IDB that was held on March 24th in Mendoza, Spain. The meeting of the governors was held to discuss the promotion of private investments in Latin America and Brazil specifically. After much discussion, it was agreed that private investment would benefit Latin America and aid Brazil in its infrastructure projects. Visit infomoney.com to learn more.

Dyogo Oliveira, the Minister of Planning, Development, and Management, defended his stance to the governors regarding the importance of attracting private investments and believes that establishing some guarantees regarding the financial success of the investments will attract more foreign investors. Luis Caputo, the Chairman of Inter-American Development Bank, agrees with Oliveira and proposals to work on leveraging private investments into the region are in the works. Spain’s Secretary for Economy and Business has mentioned that Brazil is a highly dynamic market and that it is worth placing it as a priority for Spain.

Dyogo Oliveira predicts that a new industrial revolution is on the horizon. He termed it the Industrial Revolution 4.0 and thinks that private investments are integral to the success of this new and upcoming industrial revolution. He may indeed be right that private investments into infrastructure could push Brazil into a new industrial revolution that will bring new business opportunities.

However, at the moment private investments are down and are not enough to spur the growth that DyogoOliveira hopes for. This could damage Brazil’s plans for future infrastructure projects. As a result, Brazil has looked in a new direction. Brazil has formed public-private partnerships or (PPP’s) for public works projects. Felipe Montoro Jens reports that Brazil hopes to use these partnerships to achieve its goals, but there may be a problem in the difficulty of mobilizing private capital.

Learn more: http://frenchtribune.com/teneur/25613-felipe-montoro-jens-details-his-vision-future-brazils-privately-owned-corporations

 

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